by Michael Strong | Feb 12, 2020
American Honda is recalling more than 240,000 of its late-model Odyssey minivans due to a wiring harness problem that could lead to a fire in the vehicle. The automaker is recalling about 241,000 model-year 2018-2020 Honda Odyssey EX-L, Touring and Elite minivans in...
by Michael Strong | Feb 11, 2020
Despite its Mercedes-Benz luxury car unit setting a new sales record in 2019, Daimler AG reported a 64% drop in full-year profits to 2.7 billion euros, or $2.9 billion, from 7.6 billion euros, or $7.8 billion, in 2018. Much of the nearly 5 billion-euro decline can be...
by Paul A. Eisenstein | Feb 11, 2020
It’s become conventional wisdom that driverless vehicles will eventually dominate the nation’s roads. Precisely how soon that will happen is anyone’s guess and, if anything, proponents appear to be backing away from earlier promises that claimed the first autonomous...
by Michael Strong | Feb 10, 2020
Experts recommend shopping for auto insurance annually to ensure vehicle owners are getting the best price possible. However, a new survey reveals that shopping for insurance is right up there with trips to the dentist in terms popularity. Or perhaps worse since one...
by Paul A. Eisenstein | Feb 10, 2020
A pint-sized delivery truck developed by Silicon Valley start-up Nuro has become the first vehicle approved by federal regulator to operate entirely without a driver on public roads. As many as 5,000 of the vehicles – dubbed R2 in a nod to the excitable little droid...
by Michael Strong | Feb 10, 2020
After mulling an IPO in 2018, Volvo Cars appears to be headed in the exact opposite direction. Instead of being an independent entity, Zhejiang Geely Holding Group is considering merging the Swedish-branded automaker with Geely Automobiles. China’s Geely Automobile...
by Joseph Szczesny | Feb 10, 2020
The Trump administration apparently is backing away from threats against four automakers by closing out an antitrust investigation brought after they signed an agreement with the state of California. The Justice Department did not issue a statement, but both The New...
by Michael Strong | Feb 5, 2020
General Motors Corp. paid a price to get the new four-year contract it wanted with the UAW — $2.6 billion. That loss during the fourth quarter was the difference between the financial results for 2019 and 2018. The auto giant posted a full-year profit of $6.7 billion,...
by Joseph Szczesny | Feb 4, 2020
Great Britain may have left the European Union, but it is continuing to follow a very European-oriented policy on motor vehicle emissions. Prime Minister Boris Johnson plans to announce that Great Britain will ban the sale new cars using gasoline or diesel engines...
by Paul A. Eisenstein | Jan 31, 2020
After several years of rapid growth, EV sales flattened out last year, raising concerns about the tens of billions of dollars automakers like Ford, General Motors and Volkswagen are spending on their electrification efforts. A few years ago, Xavier Mosquet might have...
by Joseph Szczesny | Jan 31, 2020
The new trade agreement with Mexico and Canada will bring as many as 80,000 new manufacturing jobs to the United States because new rules of origin will require more companies to build cars and parts in the United States, President Donald Trump said during an...
by Paul A. Eisenstein | Jan 29, 2020
Lincoln is preparing to introduce its first all-electric model and is turning to Detroit-based start-up Rivian for help. The announcement confirms a report published by TheDetroitBureau.com last month. Neither Lincoln nor Rivian are offering specific details on the...
